I have never held this stock, and am happy to discuss in a non emotional manner.
As for reading some of their recent announcements, you must have missed where I said "Not one worthwhile announcement for a Shareholder since March this year". So I read their Investor Presentation from 30 Nov, and this is what I get
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So it appears they are trying to make money from rich Asians to whom remaining single is an anathema. But wealthy people are only a small segment of the market.
Stores, or shopfronts, were all done back in the 80s, and 99% died out with the advent of the internet. Wealthy people might pay for a premium service, but I doubt they will pay over and over when they find out it is no different to free dating. At the end of the day, a website , nor a shopfront, will not tell you if a person is compatible to you.
Good luck to all holders but if I could short this stock, boy would I!
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Price($) | Vol. | No. |
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